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forward hearing from both men later in the program. as for the deal itself, if you're a new york stock exchange shareholder, mr. spreker built this account the past decade. 36% of the combined company will be controlled by current new york stock exchange shareholders. you get a premium. also an opportunity to participate in the continued growth of what will be a trading ba he months. they trade stocks. energy, interest rates, commodities, agriculture, that's what it's bat. global platform for the trading in so many different asset classes, particularly as it relates to derivatives, putting these two companies together this way. cost synergy is very important. $450 million what they are looking for. say that will take place after the second full year, realizing all of them but almost 80% within two years of closing. that's related to technology savings. clearing duplicate expenses, one public company instead of two save money. there are going to be some job losses one would anticipate here as well. women see how ice shares do today, of course, a growth company, so in growth shareholder
. my partner sue at the new york stock exchange. my partner sue with big interviewes this hour. >> that's right, ty. i spent the afternoon at blackrock's trading room and i got their outlooks for 2013. you will see it first here on cnbc. >>> here are investment take aways. fixed income. they feel there is danger in what many people consider a safe play. commodities, they have a long view there in many of those sectors. equities is kind of a global shorg an board, if you will. but they like the u.s. best. and in currencies, blackrock is all about being a dollar bull. so where specifically are they putting all that money to work in light of fiscal cliff? take a listen to what bla blackrock's robert casid 0 to me. he manages the firm's $3.7 trillion in assets. >> does this mean we good over the fiscal cliff. >> it is a very high likelihood it does or 11:59 on december 31st with a lot of hoopla. but tax rate are going to go up. there is a going to be a conclusion to this. even if it waits until the last minute. even if it is in january, what it is going to mean is slow growth. it may mean t
the jeffries trading floor today in new york. peter, you have a lot of different scenarios, but the most likely scenario that you think is that the blackberry fails, there is no acquisition on this and the cash firm continues? >> yeah. we think it costs about $1 billion to launch these devices. if successful, we think an access possibility goes up. if not, we see the company become much, much smaller a year from now. >> how do you measure success? and when we we know on this? >> we'll probably know around around/may next year. success would be call it 3 to 5 million units in the first quarter out of the gate and 5 million units plus after that. to us, that would be a very good launch. >> for anybody who is actually a blackberry user still, what do you say about these things? if there's a takeover, does that mean blackberry continues? what's the long-term outlook for the company? >> i would suspect that if you're a blackberry user, there's very little chance that your service is going to be cut off. that is a key cash flow driver for the company and anybody who would want to buy isn't concerned
this weekend. >> the new york city's children's chorus opened the show singing "silent night." ♪ silent night holy night ♪ ♪ all is calm all is bright ♪ ♪ round yon virgin mother and child ♪ >>> and coming up, a cnn exclusive. we're going to hear from the family of the sandy hook elementary principal who lost her life trying to confront a killer. [ female announcer ] born from the naturally sweet monk fruit, something this delicious could only come from nature. now from the maker of splenda sweeteners, discover nectresse. the only 100% natural, no-calorie sweetener made from the goodness of fruit. the rich, sweet taste of sugar. nothing artificial. ♪ it's all that sweet ever needs to be. new nectresse. sweetness naturally. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. >>> welcome back to this special edition of "early start" this morning from newtown, connecticut. she was
morning, everyone. welcome to "early start." i'm john berman here in new york. >> and i'm zoraida sambolin, live in newtown, connecticut. we'll be bringing you the very late ef on the investigation as john said, the children are starting school as well with an increased police presence, will it be enough for the parents and of course we have another funeral we are following this morning for you as well. john? >> another beautiful young child we buried up there, four days after the school massacre that numbed the entire nation. this is the latest. this unspeakable tragedy is reigniting the gun control debate all over the country. president already taking steps to ban assault rifles with his vice president leading the charge. plus, this brand new overnight, dick's sporting goods has banned the sale of ar-15 rifles and other guns like it for now. the modern sporting rifle section of its website, totally blank this morning. the company releasing a statement saying, quote, out of respect for the victims and their families we have removed all guns in our store nearest to newtown and suspended th
in the air. atlanta will have delays. as the system moves east on the weekend, even new york and boston will have delays from this storm. and then we'll talk about the west when we get back with the rest of the weather. it is a messy next couple of days. >> real sloppy. sam, thanks very much. >>> we'll get the latest on that fiscal cliff. down to 12 days before everyone's taxes go up and every government program is cut. and that is a little more likely this morning, with private talks frozen and both sides blaming each other for the breakdown. abc's jonathan karl has all this from washington. all of the focus on speaker john boehner's fallback plan, what he is calling plan "b." >> reporter: that's right, george. talks have got son low, i would say this is the low point, that boehner is moving ahead with the backup plan that the president so opposes, he says he will veto. under plan "b" most of the tax cuts will be extended for those making over $1 million. for those over $1 million, the tax rates would go up. this could do nothing to address the issues. like spending cuts and the debt c
to tell you, it's still the highest price for gas ever at this time of year. new york still the highest in the continental u.s., 3.78 in new york, that's the average and missouri the lowest, $3.01 a share and missouri is the only city, only place, rather, where we found major cities with the average price under $3. again, the star is st. louis, at 298. let's get back to apple, losing its cool, maybe. and mark is still with us, the editor in chief of laptop magazine. all right. i want to talk about-- let's see, this is the microsoft surface tablet, all right. >> yes. stuart: now, is this a threat to apple's dominance of the tablet market and apple's dominance of cool? do you like this thing? >> in the short-term i don't think it's a threat, but there are some things that surface has especially for workers that the ipad doesn't, one of the things off the bat you'll notice this has a smart cover, sort of like the ipad, but this one has a deboard built in and you see on the back, this little kick stand in the design, lets you prop it it up. lets you use it as a mini laptop. stuart: do you g
-old jack pinto. a little boy who loved sports, idolized the new york giants' victor cruz, who remembered pinto sunday. his father called the loss unimaginable, and said most of all, jack loved to play with his friends and keep up with his big brother. many of those friends attended the service. much too young to say goodbye. >> they were being comforted, and yet protected. a message of you're being secure now, because the worst is over. >> reporter: not far away, mourners remembered 6-year-old noah pozner, the little boy with a perpetual smile, described as a smart, funny child, who loved to eat tacos and loved animals. pozner's mother spoke at the service, calling noah her little man. noah's twin sister ariel survived the shooting in another classroom. near sandy hook elementary, messages of hope surround the ever growing memorial to the victims. as the town tries to cope, investigators are searching for answers. on monday, atf agents verified that nancy lanza and her son had visited local shooting ranges to practice firing weapons, though they hadn't done so in recent months. police sa
downwind of one of the great lakes. that lake effect snow will kick into gear. new york, a messy, messy start to your day. philadelphia as well. all up and down the i-5 corridor where it's a bit of a mix. winter storm watches and advisories are posted. the i-95 corridor will be mostly in the form of rain today. big travel day, obviously, for the holidays. it's going to put the brakes on chicago, new york, boston, all the northeast airports. >> as lots of people are trying to travel in and out. thank you so much. joining us to talk about the conditions in chicago is carmen assula from the illinois department of transportation. good morning. >> good morning. >> let's talk about the conditions right now. what's the situation there? >> right now the temperatures are under freezing, so we're watching for freeze back conditions, the fact that the temperatures didn't decline until after midnight helped out a lot with the snowfall. there was less accumulation. there is blowing and drifting in the outlying areas. chicago expressways are still wet, and people need to be cautious as freeze back wi
-kahn has settled a civil suit filed by a new york city hotel maid accuwho accused him various items. criminal charges against him were dropped. >>> the state of hawaii is no longer 50th in voter turnout. it's tied for 49th with west virginia. this time around, they've got company at the bottom. both west virginia and hawaii tenned out 44.2% of its voters in 2012. >>> the duke of cambridge decided to cancel a scheduled appearance at a military event to be with his pregnant wife. katherine has been battling acute morning sickness. they are supposeded to attend the royal premiere of "the hobbit" tomorrow but the daily mail says katherine may not be well enough to go. >> if he skips the hobbit for her, that is true love. i'll be impressed. >> thank you. 17 minutes past the hour. time for early reads, local news making national headlines. we're starting with the charlotte news and observer in north carolina where a federal judge ruled the state cannot issue choose life license plates without offering ones with different view points. he called it viewpoint discrimination and violation of
an apartment, it was not that valuable. >> it's not practical for a new york city dweller, for instance. >> when you get houses, you see the mexican properties? i'm saying they're going up there. >> oh, really? >> yeah. if anybody wants one. >> available for weekend rental. >> semiautomatic weapon included. >> somebody stole it from me, he thought i was going to stop there, and let hem get away with it, and that's not really my style. >> would you kidnap jim cramer, david? i'm not sure. >> no. >> it would end there. >> it never ends. >> if the guy had done nothing, i would have said fib. but i found him -- no one has seen "taken 2." >> how could you not? what a great franchise. >> i know. >> she's been taken. >> really bad luck. >> when we come back, apple tv, microsoft surface tablets, we'll bring you the latest development regarding both of those. more from the deal book conference in manhattan, including an exclusive with lloyd feinstein. 11:00 a.m. eastern time. hanging on to gains. at the nyse, when we return. can i help you? i heard you guys can ship ground for less than the ups s
.com. we life manager from -- we life hearing from you, good night from new york. neil: ahead of the cliff, may i bother you mr. speaker for a little cash, say dollars 42 billion worth, the story how a new york governor tried to -- john boehner, i am neil cavuto, we may be on the brink but that does not mean cuomo still does not ge washington to give up some bank. 42 needed millions dollars for hurricane sandy relief. similar requests likely coming from governors in new jersey and connecttcut. who all together want this all too dumbing figure in post hurricane help, a hundred billion bucks, i don't know if they get all of it, but i think they get most, here is why americans, have big hearts, folks need help. they need a lot, many still without power, and without homes and without patience or hope, something needs to be done. judging from t back slapping help politicians, the governmt is still the one to do it but is it? think about it. if the road to virtue were paved with billion dollar bills then everyone in washington would be thpope, news flash, they are not, they are not good as getti
for 2013? not just in new york, but across the country. it is a big boom? small boom? doesn't creak along like it has in the past? >> my own gut is that creaks along. it doesn't get to be a real boom unless we have some policy changes. employment gets addressed, things like that. which still hasn't been done. otherwise, it's going to creak along. gerri: whai love about you is that you always say what you think. you don't dress it up. you don't try to make it look better than it is. you tell us what you really think. and i appreciate that. thank you for coming on, and have a great holiday. still to come, veterans are always on her mind, especially during the holiday. we will hear from one man going above and beyond. and i asked some familiar faces around the fox business network what they are asking for for christmas. you will hear some pretty funny stuff coming up next. look, if , you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare
'm bill griffith. welcome to "closing bell." maria will be along here in a few minutes at the new york stock exchange, and we add our sentiments as we continue to update you on the horrific massacre at the connecticut elementary school. our deepest prayers and sympathies to all of the families and others hit by this senseless tragedy. the horror of the story may have muted trading on wall street today, as all priorities are being rearranged in a moment, and we will get you caught up on these markets in just a moment, but first we want to let you know. president obama is set to make a statement on this tragedy from the white house around 3:15 eastern. our john harwood is in washington with some more details on what we know right now. john? >> reporter: well, bill, the horror of this tragedy is also muted talk of anything else in washington for the day, including the fiscal cliff and all the issues that we've been discussing for some time now, but one of the jobs of a president is to console victims and to console the nation at a time of grief of this magnitude, so we're going to hear fr
'm maria bartiromo at the new york stock exchange. scott, good to see you. here with scott wapner. the market near the lows on the day on fears that a deal to avoid the fiscal cliff may actually be a lot further away than we thought. >> more sparring today. deal, i don't know. if you listen to what they are saying today, scott wapner in for bill griffith. the president calling for compromise in a news conference today, but here on wall street there is a bit less optimism for the deal than we've felt in recent days. see where we sit right now. the dow is down 56 points. nasdaq and s&p under some pressure as well right now as we -- there you go. nasdaq is down six and the s&p, maria, selling off as well. >> mr. jobs, more jabs being exchanged on capitol hill today. what was supposed to be a presidential press conference on gun control quickly transformed into a discussion about the fiscal cliff. with the majority of questions focusing on the issue. washington correspondent john harwood at the white house right now. john, perhaps no one has followed the twists and turns as much as yo
never failed to get their money. but they're trying to put in a -- according to "the new york times," at least, a deposit guarantee system as well for the banking system. >> sounds like all systems go there. >> we'll see if this continues next week. meantime, we'll talk apple debuting the iphone 5 in china today. the iphone news isn't preventing apple shares from falling in the market. cutting the price target to $700 from $780. he does maintain a buy rating and said apple needs to expand more geographically. it's not dead, it's not -- but it needs to find ways to innovate its products. we sort of saw this coming. steve had a caution note on apple a few weeks ago which stalled the stocks. not entirely a surprise. he is obviously a well respected analyst on the street. >> when you have a price target that is well above the stock, there's tremendous pressure for you to cut the price target. like there was tremendous pressure to raise the price target. i want to warn people, there are people who have much higher price targets. the analysts will probably join the fray. not sit in the bu
back in 2010 he represented new york's 20th congressional district. now he is in the 19th district. never mind that he still represents just about half of his former constituents. still, that is pretty tough reasoning. to rare win once parts a diplomatic crisis hours before the u.n. general assembly voted to upgrade palestine status to nonmember observer. the official u.n. twitter account released this week on day of solidarity with palestinians stresses urgency reaching one state solution. they just missed it by one member. the un secretary general, of course, supports aid to state solution. they did corrected. student loans may be the next financial bubble. that new york federal reserve bank, risen to $956 billion or more than 4% increase, not only that, the 90 day delinquency rate has risen to 11%. if you need help getting into the christmas spirit this might help you. a missouri businessman is posing as a secret santa giving away $100,000 in hundred dollar bills to hurricane sandy survivors. thisgenerosity is matched only by his humility. he insists on remaining anonymous and n
. some parts of the world are already no longer here. >> for example, capitol hill. >> yes. "the new york post" reporting many people are stocking up on goods for emergencies. some people looking for one final fling at parties, social media apparently. i swear this story is completely unrelated. he resigned as south carolina's governor after admitting he ran off to argentina to be with his mistress. now mark sanford is launching a political comeback he is going to run for a seat that was vacated by tim scott. >>> mayor cory booker has revealed his plan for his political future. there had been speculation he would challenge republican governor chris christie. but that is no longer in the cards. >> i will explore the possibility of running for the united states senate in 2014. >> so booker hopes to replace senator frank lautenberg, a democrat whose temp ends in 2019. lautenberg has not said he's retiring yet. >> he does not look like he needs to retire immediately. >> democratic party gets 40% of the votes, president obama for minority voter has a grand total of african-american senators? t
you for your views, and thank you for sharing them with us, that is it foo us, joit from new york. york. >> unions, i think they could be the death of us, welcome, i am neil cavuto, despite throwing some punches over michigan becoming a right-to-work state, many unions, making sure the other 26 states do not follow. that does not mean that unions have given up on michigan and maybe ball the governor who put this, does wisconsin ring a bell? that is not a surprise. but what is a surprise how they are doing it. this could be the union equivalent of the pledge by enforced by louder and stronger guys. they have no issue, a pledge not to break up unions. never md this threatens businesses coming to their state or hiring more workers in their state, a lot figure out if they are not union workers, maybe they are knol not real workers,s such edstupid, and dangerous. do you want to know my biggest worry for the new year? it is not a cliff, i think will pass, stubborn politicians see the night. it is be on i union bosses who e their own members because they are fuse on see the light. why no
. >>> it is 18 minutes past the hour. time for your early reads, in the "new york times," merry christmas iphone nation. google maps is back and possibly better than ever. the app is available for download with turn by turn navigation, bus and walking directions are back, along with street view. if you remember, apple replaced google maps with its own version of the app. the new software was slammed by users for warped 3-d effects and misplacing landmarks. the review in the "new york times" of the new app is fantastic. >> now you won't get lost. >> now to "usa today" and the arizona republic, they are writing about this new way drug smugglers are trying to get marijuana into the u.s. by t-shirt launcher. you know those pressurized cannons used to launch t-shirts and other things at sporting events? u.s. border control agents say they found 33 cans filled with pot on the mexican side of arizona. they were launched 500 feet over the border fence. the pot is estimated to be worth $43,000. i wonder if the new laws legalizing marijuana will reduce the creativity in smuggling? >> i imagine so. >>
and taxpayers alike. sue herrera down on the floor of the new york exchange. sue. >> it's 12 days to go until america goes off that fiscal cliff. both sides, as you just mentioned, are still sniping at each other. that's one of the reasons why the dow is down slightly. president obama said he would veto the house republican plan b tax proposal designed to avert january 1st tax hikes. the house speaker, mr. boehner, responded by saying that that was irrational and bizarre. john harwood is at the white house to sort out all the latest. yesterday, john, they thought they were getting real close to a deal. it certainly doesn't sound that way today. >> sue, it does appear that they've hit a deadlock in negotiations. you saw the president in a fascinating news conference that he just had in the white house briefing room try to leverage the emotional power of the tragedy in newtown, connecticut, to try to put the pressure on republicans. he talked about them taking off their partisan war paint. he said he'd more than met them halfway in terms of spending cuts that he's offered, coming up in the inco
, for the markets? i mean, we would never see the new york stock exchange and the i.c.e. wouldn't get together. we couldn't get that fine from ubs. >> how about the big options to live for? >> there may be some stuff. this may be the christmas week to be here. >> it may end up back here at some point. >> you really think so? >> we made it -- >> but i'm not sure. >> we mentioned where the fiscal cliff was only slightly below the end of the world in terms of seriousness, haven't we? and now that we've made it past that, we're going to focus. and then you have the debt ceiling. >> that would be funny. >> this whole thing gets pushed up to the debt ceiling. >> john can talk about this incredible ground swell in the country for everything that the president wanted, even though we know what this coalition was sort of cobbled together. and we know there was a great campaign that he ran. >> i know. but the way we set these things up is you have to have a referendum on these things. >> but you need both houses. that's a law. and these guys are willing. they'll fall on the floor. >> i don't know that anybod
is standing by on the new york stock exchange. nicole: you are seeing back-and-forth action on the dow jones industrials. they do seem to like it because basically it is the fed putting everything on a silver platter here and is giving it to the world and printing more and find more. it is doing that for an extended period. the people on wall street are saying what are they trying it to unemployment rates you saw the market selloff and now regain its footing. you do the qe forever. gold will be something that we should take a look at. the dollar is something that we have watched slipping away. it is continuing to do that. we have seen things and drugs doing well. the dow jones industrials are up they have of a percent for the sixth day in a row. people were thinking that the fed would have a very accommodative sense. one of the things that we should look at is the market is very reactionary. the truth of the matter is they are not pulling anything and they are not raising rates anytime soon because the economy is not sustainable on its own. while you are seeing some minor improvements here a
have another choice. i live in new york city so i have a lot of other choices. dagen: google is working on something. dagen: that was like four years ago. when a private entity does it, we do not have to purchase their product. when a private entity does it, we can tailor what we want. i only want this, i only want this, i do not want that. they fear a class action against them for a violation of your privacy. that is a team of lawyers representing millions of people whose privacy has been violated. if the justice department was doing their job, they fear an indictment from invasion of privacy. dagen: i am so impressed with "homeland." >> they will be setting them off before you ask for them. dagen: at that, i think, people would agree to. if there is enough outrage before the product is even introduce, do you think they will back off the back just the fact that they applied for a patent does not mean they will get it or that they will use the product. we are probably a few years ahead of this game, unless they are farther ahead than they have led us to believe. dagee: for a sliver of a
with us. scott, what do you have. >> a federal grand jury in new york returned a three count indictment against the former sac portfolio manager accused in what federal officials call the most lucrative insider trading scheme ever. he was charged earlier under a criminal complaint, a shot across the bow, this indictment signals that if there were efforts and talks under way, to get him to plead guilty and possibly testify against his former boss, steven cohen, those efforts have broken down. again, matthew martoma indicted by a federal grand jury. he could plead guilty and enter into a plea deal. now steaks have gotten higher. if you are steven cohen and his lawyers, you are probably breathing a little bit after sigh of relief. sue? >> i was going to say, put some distance there. thank you very much, scott cohen. >> the market doesn't like what is going on in washington. that's an understatement. we are approaching the lows of a statement. we are off 166 points on the dow. we will get perspective on the market in just a moment. "power lunch" is back in two minutes. they could save a lot
in the day, new york city mayor michael bloomberg called on the president to lead the nation on the issue of gun control. >> it's time for the president, i think, to stand up and lead and tell this country what we should do. not go to congress and say, what you guys want to do. this should be his number one agenda. he's the president of the united states. and if he does nothing during his second term, something like 48,000 americans will be killed with illegal guns. that is roughly the number of americans killed in the whole vietnam war. so let's get to cnbc's washington correspondent john harwood to talk about how washington will handle the gun control issue. i guess that's what we'll talk about this time. we have a lot to talk to you about involving washington. i guess the lead, obviously, we would be talking about boehner, too, at some point, john. do you have comments on the gun control issue? >> well, i think you saw in the president's address last night, a politician who had been deeply impacted by what happened, like the entire country has been impacted. and i think it is changing
. happy anniversary to us. i'm melissa lee with carl and jim cramer and david faber live from the new york stock exchange. let's look at how we're setting up after yesterday's rally. particular strength in yesterday's rally. we didn't get housing starts, that's earlier today. as for the picture in europe, really the stand outout here is the euro. greece getting a five notch upgrade at the s&p. our road map this morning starts with gm. government motors no more. the treasury to exit its stake in the next 12 to 18 months, purchasing 2 million shares by the end of this month. >> another challenging quarter for fedex with the blame squarely on sandy. but the stock is up pre-market. >> oracle posts a strong quarter with even stronger guidance. the season rebound in europe. no impact from the fiscal cliff. >> and ge gets boosted from ubs's key call list on the weaker than expected macro environment. still on the list is including -- well tell you in a couple of minutes. >> general motors is up sharply in the pre-market session. the treasury department says it intends to sell the rest of its stak
cancelled as well now heading east. right for us. ohio. pennsylvania. upstate, new york. about to get blasted with snow and powerful winds just days before christmas. for the very latest on what to expect and how it can impact your holiday travel. let's check in with the man who knows rick reichmuth. >> i hate to say that most of the rain moved through yesterday morning. >> why do you hate to say this. >> because we are wrong. >> i know you read that. [sigh] >> four more hours won't be the first time. >> true. >> so we're cool traveling today, right? >> it's really not a bad day. the worst of it was on thursday. so we're two days past that we have had a day to settle down and a lot of those flights to catch up. we have wind across the northeast. lake-effect snow is not uncommon this time of year. the rest of the weekend is looking pretty good. not even monday. tuesday, wednesday, and thursday different story it did bring colder air. in 10 degrees right now as you are waking up in minneapolis. the winds are going to continue to move across the lakes. that will continue to bring lake-ef
of the new york stock exchange. nicole petallides is standing by. no fiscal cliff deal and the market is looking a little nervous. nicole: you saw the dow down nearly 200 points. what you see is basically everybody sells everything. they are not saying i will sell my financials and hold onto my drugs. no. they are getting out today. it is the weekend. we havecome up off the as you noted, they cannot get away from the fiscal cliff. not just yet. they have not come to a solution in washington. that is front and center. we are also seeing a flock to the area that are safe. the dollar is higher. gold is higher. we are also -- there is a look at the dow jones one week. last friday we close that 13,135. we are still actually of about 30 points for the week. that is if we were to close right here. for right now, certainly, read on the screen because there is so much concern about washington. melissa: thank you so much. many believe the speaker in the senate, but it did notie -@even make it through the house last night. i next asked is not confident it will happen within the next year. >> we
your "new york times" questions, the inequality one, lobbying one, the fracing one, you tried. you were the foil. >> i give him an enormous amount of credit, thank him for the interview and hope he comes back again. >> we got to thank these guys. join us tomorrow. squawk on the street is next. >>> take a look at how we are setting up on this thursday session, the day after the federal reserve decision. a lot of economic data out this morning, jobless claims coming in better than expected. core ppi in line with consensus. retail sales light. as for the picture in europe, take a look there. really following the cues of the u.s. markets this morning. our road map today starts with the fed announcing a new round of stimulus as chairman ber bernanke warps the fiscal cliff is hurting growth. house speaker john boehner expected to talk on the cliff talks 11 a.m. eastern time. >> told you this week, of course, they were talking actively, now, sprint/nextel offering to purchase the other half of clearwire it doesn't own. >> surges of best buy surging on reports that the founder is on the verge o
i'm giving the gift too, has new york work to pick out the gift too. >> we make it far easier than going to the store it find a gift. second we find a lot of time finding product you don't find in retail. >> what you would find in a small boutique but we have thousands and thousands of products. >> your concerns and questions for john, patrick? >> john, congratulations. it used to be giving one gift to one person. is this working? do you see return rates lower than traditional model? >> our return rates are almost zero. it is remarkably low low. >> final question to you. >> john, receiving kmod advertised these days. how do you find the rarite snems. >> that's a big part of what we do. we have a team of brilliant buyers who scour the product that you haven't found anywhere else, that aren't the can kinds of things amazon would typically carry because they aren't in large quantity. >> julia, first to you then. >> i will be spending a lot of money this holiday season but i would say as look at this as an investor, and how much the total new model is going to appeal to consumers who a
.merry . good night from new york. neil: so the world did not end so far. but is that any excuse for unions to make it more difficult that we're alive? well come everybody, i'm neil cavuto. maybe the mayans should have joined a union. not only would they have survived but their fear-mongering agenda would have as well. mayans are gone and unions, though weaken very much alive and well. latest from threatening strikes as more than a dozen up shipping ports. bideal you say? very big deal and here's why. a lot of stuff in the ships that frequent pts, erything from electronic items you found a hard time getting your hands on this holiday season to basic consumer staples like fruits and vegetables you might not find anywhere. unions navigating uncharted waters and going at our wallets because any delay getting stuff off the ships i tell you is going to be big, ship. and i'm not, shipping y. i practiced that repeatedly. fact, after you hear what we're about to tell you will almost wish the mayans were right. now the cost of living has just gone way, way up. to melissa francis, who says we don't n
to be asking right now. >> now the film isn't even out yet. it is limited release in new york and los angeles on december the 28th. it opens nationwide on january 4th but conservative bloggers got a hold of the copy of the script. when they looked through it, melissa, they this is really one-sided piece that looks more like a hit job against fracking than a balanced look at the natural gas industry. melissa: i think it is interesting it was supposed to be about the impacts on salmon and all of sudden turned over to fracking which is so popular right now. they're keying on something a revolution in this country. what has the industry's reaction been like so far? what do they think? >> no question the industry is worried about this. i talked to one industry analyst thought this could be to the fracking industry what the film the china syndrome with jane fonda and jack lemmon was to the nuclear power industry. charles ebinger is analyst with the brookings institute. here is what he told me. >> matt damon will give a convincing actor, undoubtedly casting concerns about shale gas on horizon and th
and david faber. we're live from post 9 at the new york stock exchange. a vacuum here in terms of u.s. economic data. none on top today. we're looking at a flat open across the board. as for europe, movement there. the buyback of greek debt will in fact work. we're seeing just fractions of a percent in terms of changes there. our road map this morning starts with the latest in the fiscal cliff negotiations. the white house promptly rebuffs the gop counterproposal which calls for $800 billion in new tax revenue but without tax rate increases for the wealthy. could this tax issue deadlock the talks? >>> bank of america ceo warns the cliff must get stalled or the economy could be stifled well into 2014. >>> even more dividends pushed into 2012. coach, american eagle moving up and oracle will play out three-quarters of dividends this year. >>> more strength in housing this morning. toll brothers earnings top expectations. we'll begin with the fiscal cliff. governors are set to meet today with the president and congressional leaders. governors are concerned about the impact of deficit re
in mind, john? >> well, new york governor andrew cuomo is rumored to want to run. maryland mayor martin o'malley is rumored to want to run. there are other people within the democratic party who would love for the chance to run for president in 2016. it would be an open seat. there would be no incumbent running. and so if hillary clinton is going to run for president from their perspective, they want her to make that decision sooner rather than later so that they can get their apparatus in place because unlike her, they can't just turn a latchkey and have everything, you know, fired up and ready -- >> millions of dollars, support networks and so on. >> yes. >> steve, hasn't this actually been a total transformation in the life of the clintons? because you were referencing her success, hillary clinton's success. but bill clinton has now transformed his standing. he is now a global figure, too, isn't he? >> and also just their standing within the democratic party. the thing this struck me this summer was compared how the bts were treated by the entire democratic convention this summer versu
'm bill griffith here at the new york stock exchange. hey, maria. >> hey there, bill. big rally where you are. i'm bartiromo coming today from the white house for our special coverage. stocks rallying on the on the missile that perhaps we are nearing a fiscal cliff deal. coming up we'll, find out from key lawmakers in the fiscal cliff negotiations how we can actually get a deal done before the deadline. representative chris van hollen, lynn jenkins and javier becerra as well as sore orrin hatch with us. we'll hear from former treasury secretary altman and jeff greenfield. bill? >> stocks are trading off the highs of the day with less than an hour to go. final hour, really from the get-go. optimism about the cliff talks and senator harry reid made some comments this afternoon that put a damper on that real. we've lost about 30 points. in that time. up 74 on the dow at 13,244. the nasdaq is doing well today, up 32 points. more than a 1% gain, although it is off its highs of the day at 3019, and the s&p 500 index is 8 plus points at 1426. the word on the street is because of the fiscal cliff
in washington boo my book jack kent elusive hero. big crowd tonight. it's on "the new york times" best-seller list. it's around incredible book for the season because it's a great american story about hope. boy, do we need it that. it will take you to a different time, a different man. if you're like me, you will love it, that time. we'll be right back. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. [ male announcer ] good choice business pro. good choice. try runni
about my book "jack kennedy, elusive hero." big crowd tonight. it's on "the new york times" best-seller list. it's an incredible book for the season because it's a great american story about hope. boy, do we need that. it will take you to a different time, a different man. if you're like me, you will love it, that time. we'll be right back. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. c'mon, michael! get in the game! [ male announcer ] don't have the hops for hoops with your buddies? lost your appetite for romance? and your mood is on
, elusive hero." big crowd tonight. it's on "the new york times" best-seller list. it's an incredible book for the season because it's a great american story about hope. boy, do we need that. it will take you to a different time, a different man. if you're like me, you will love it, that time. we'll be right back. [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. >>> welcome back to "hardball." late this afternoon president obama and speaker boehner met at the white house in their first face-to-face meeting since fiscal negotiations last sunday, and boehner is scheduled to return home to ohio on friday for a long weekend. earlier today the speaker made clear that there would be no compromise without more cuts to spending. let's listen. >> i have been pushing all year for us to address this problem. but here we are at the 11th hour, and the president still isn't serious about dealing with this i
's other funeral for jack pinto, also six years old. a big fan of the new york giants. the giants receiver, victor cruz, tweeted a photo of jack's name, calling him my hero. his one of countless tributes to the innocent victims of friday's attack. rick leventhal is live in sandy hook. what do we know about the two shooting victims who survived? >> initially the reports were there was only one gunshot victim who survived. in fact, there were two women who were both hit in their lower extremities, both were hospitalized and both have now been sent home. police are not reloosing their identities, but do plan to talk to them as soon as they're well enough to answer questions about the events. also today, as you mentioned, the very long and difficult process of funerals and burials began with two six-year-old boys being eulogized and laid to rest. jack pinto remembered as a giants fans with energy and steely determination. and noah pozner, whose twin sister and eight-year-old sister also attended sandy hook. the girls survived, but their brother did not. >> he was celebrated as a pure, innocent
they're talking about that one, sue, down at the new york stock exchange. how are you doing, sue? >> great, ty. indeed they are talking about that and we are going to talk bhort exact numbers on that study in just a few minutes. stocks are steady. talks continuing in washington. we are just down about 12 points on the dow jones industrial average, 27 days until america goes over that fiscal cliff. the president just finished answering questions on the issue after meeting with governors at the white house and our political correspondent, john harwood is live at the white house and eamon javers is talking with key congressional players on those talks. john, first to you. >> reporter: the president talked to our colleagues at bloomberg and talked about the republican offer from speaker boehner on the fiscal cliff resolution. he said it was out of balance because the speaker has not agreed to rate increases but the president identified a two-step process by which he is hoping still to reach an agreement before the end of the year, if he can get republicans to give on the top rate. he
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